6837 S 400 ECutlerIN46920
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cutler at 6837 S 400 E, Cutler, IN, 46920 offers a 7.08% rental yield on a $639,900 purchase with $3,773/mo rent. 67% in year one. Equity gained on principal adds $4,129/yr while 5% annual appreciation supports $176,793 over five years. Portfolio math shows five-year ROI at 101.29% and total cumulative return in cash at $213,239. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,773/mo property income against a $3,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
4.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46920, Cutler, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 459 (100%) |
| Owner Occupied HU | 377 (82.1%) |
| Renter Occupied HU | 56 (12.2%) |
| Vacant Housing Units | 26 ( 5.7%) |
| Median Home Value | $233,491 |
| Average Home Value | $282,275 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
1
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Listed by: Joan Abbott • Joan Abbott Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523702
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.